HDFC Bank m-cap tops Rs 8-trillion; CLSA sees further upside in stock

With Rs 8-trillion milestone, HDFC Bank now stands at third position in the overall market-cap ranking of listed companies

Nikita Vashisht | New Delhi
Last Updated at November 25, 2020 11:51 IST

Aided by recent festive demand, healthy monsoon, and unlocking of the economy, HDFC Bank expects 5-6 per cent credit growth

HDFC Bank on Wednesday became the first bank in the Indian history to cross the Rs 8-trillion market capitalisation milestone after its shares hit fresh record high of Rs 1,464 apiece on the BSE in the intra-day deal. The private lender now stands at third position in the overall market-cap ranking of listed companies.

At 09:17 am, HDFC Bank had a market capitalisation of Rs 8.02 trillion, the BSE data shows.

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